I don’t expect the current generative AI investors to make an RoI anytime soon. If at all.
Considering what they’ve been spending and the fact that not one of them has figured out how to actually make a profit off of generative AI, they’re going to be in the red for at least a decade if not forever. This is just the dotcom bubble all over again and in a few years 90% of these companies pushing AI heavily will be bankrupt. Only silver lining is there’s going to be an absolute fire sale on old used data center hardware at some point, not that that will make up for destroying the PC sector and our economies in general.
Considering what they’ve been spending and the fact that not one of them has figured out how to actually make a profit off of generative AI, they’re going to be in the red for at least a decade if not forever. This is just the dotcom bubble all over again and in a few years 90% of these companies pushing AI heavily will be bankrupt. Only silver lining is there’s going to be an absolute fire sale on old used data center hardware at some point, not that that will make up for destroying the PC sector and our economies in general.